Intchains Group Limited (NASDAQ:ICG) Short Interest Update

Intchains Group Limited (NASDAQ:ICG) saw a significant growth in short interest in the month of December. As of December 31st, there was short interest totalling 14,900 shares, a growth of 33.0% from the December 15th total of 11,200 shares. Based on an average daily volume of 211,800 shares, the days-to-cover ratio is presently 0.1 days.

Intchains Group Price Performance

ICG opened at $4.33 on Friday. The stock’s 50 day moving average price is $4.81 and its 200 day moving average price is $5.69. The stock has a market cap of $259.54 million, a P/E ratio of 39.37 and a beta of 1.26. Intchains Group has a 12 month low of $2.80 and a 12 month high of $12.04.

About Intchains Group

Intchains Group Limited designs and sells application-specific integrated circuit chips for blockchain applications in the People's Republic of China. The company also offers ancillary software, hardware, and other products. It serves distributors. Intchains Group Limited was founded in 2017 and is based in Pudong, China.